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Your bills are too high! And for what? Because you’re hesitant to live on less money?

Living on less doesn’t mean living on the bare minimum. It doesn’t even mean skimping on the stuff you like.

Living on less means being strategic with your spending. It means cutting the expenses you don’t want (like forgotten subscriptions that continue to charge you monthly).

It means earning cash back on the stuff you buy all the time (ever heard of earning cash back on groceries with the Ibotta app?)

Time to streamline your money. Follow these tips to make “living below your means” a lot easier.

1. Ibotta – Cash Back on Groceries

Ibotta is a free app that pays you to buy groceries. Open the app, snap a picture of your grocery receipt, and Ibotta will transfer money into your Ibotta account.

Is Ibotta legit : Ibotta App Review

To grow your savings, deposit that Ibotta money directly into your bank account. Or get a free Gift Card to Amazon or Walmart.

Download Ibotta because it’s easy to use, and because it’s the highest paying ‘cash back on groceries’ app around. You’ll also receive a $20 welcome bonus just for using the app.

*COVID-19 Hack: Since you’re cooking at home, you’re probably buying more groceries than ever. Ibotta saves you money on groceries nearly every grocery trip. Grab your receipt, snap a pic, and earn cash back. (You’ll get a $20 welcome bonus just for using the app.) Another tip if you’ve been having your grocers delivered: Ibotta will give you 2% cash back on your Insacart delivers. So you’ll save on the delivery fee, and you still get to take a picture of your receipt to earn more cash back. 

Power Play: Ibotta has recently stepped up their game with “One-Stop Shopping.” Connect your debit/credit card to Ibotta, then shop online for higher cash back opportunities:

  • 3% Cash Back – Amazon online
  • 1% Cash Back – Target online
  • 5% Cash Back – Vitacost online

So, if you like free money… Download the Ibotta App here and grab a free $20 gift card just for trying it out!

⬇ Check out even more ways to save money with Ibotta in our Ibotta explainer video below! ⬇

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Update 03/23/20: Ibotta has cash-back offers on grocery and restaurant delivery services:

DoorDash– $2.50 Cash Back on your first order
Instacart– 2% Cash Back
Grubhub– 10% Cash Back for new customers, 2% Cash Back for existing.
Blue Apron– $12.50 Cash Back for new subscribers
Home Chef- $10 Cash Back for new subscribers

Download the free Ibotta App here (and grab this $20 Welcome Bonus for trying it out)

2. Dosh – Automatic Cash Straight To Your Phone

Once the Dosh app is securely connected to your debt/credit card, Dosh will automatically collect cash back on purchases made with your Dosh-connected card (available for both in-store and online purchases).

So when you checkout at Walmart, Target, or Sam’s Club, Dosh automatically collects cash back:

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Use Dosh to grow your savings. Deposit your cold, hard Dosh Cash directly into your bank account. You will also collect a $1 Welcome bonus just for connecting your card.

*COVID-19 Hack: As of 4/22/20, Dosh is offering 4% cash back at Safeway and 4% cash back at Vons when you order your groceries online. Create your free Dosh account here to earn easy money on groceries through the Dosh app, and grab a $1 welcome bonus! (Pro tip: use Dosh and Ibotta together to earn more free money) 

Dosh requires zero effort. Therefore, we say it collects cash-back automatically.

Download the free Dosh App, connect your card to collect your $1 Welcome Bonus, and start earning the easiest money you’ve ever made.

dosh app

Want ALL the details on the Dosh app? Check out our full Dosh App Review.

3. Trim – Stop Getting Ripped Off

trim app lowers your bills

Are you getting gouged on your internet bill? The Trim app will sure as heck find out. A Trim team member will physically call your internet service provider and negotiate a lower bill on your behalf. They do absolutely everything–you collect the savings.

What’s most important, the negotiators are very good at their job. Trim has saved their users over $1M in the last month alone.

Test Trim’s Bill Negotiation Service for free. They will immediately get to work negotiating your internet, phone, cable, and medical bills.

If Trim is unable to save you money, their services won’t cost you a cent. However, If Trim does successfully negotiate a lower bill, you keep 66% of your savings the first year, and 100% of your savings every year after.

Lower your bills with Trim. Because why overspend on internet, phone, and cable when you absolutely do not have to?

4. Rakuten – Cash Back on Amazon

The next time you check out from Amazon, here is what Rakuten will do for you:

Rakuten is a rebate finding machine. When you shop at one of Rakuten’s 2,500+ partnered retailers, that retailer pays Rakuten, and Rakuten shares that money with you.

Rakuten offers massive cash back. You’ll earn up to 40% at some stores. What’s more, Rakuten works automatically. Install the Rakuten Browser Extension so that Rakuten can earn you free money every time you shop online.

Oh yeah! Rakuten pays in cash. The free money you earn while shopping online with Rakuten will be delivered by check, straight to your door, every 3 months. Deposit that money to grow your emergency fund.

Ebates big fat check

Setting up an account is not only free, but you will also receive a $10 Welcome Bonus the first time you earn cash back with Rakuten.

You will find many popular retailers on Rakuten including Target; Amazon; Walmart; Bed, Bath, and Beyond; and many more.

Ready to get paid to shop online? Get your free $10 Welcome Bonus just for giving Rakuten a try!

5. Get a Refund with Paribus

Don’t you hate it when you buy something and it goes on sale the following week? However, getting a refund for the price difference can be a hassle. This is where Paribus can help.

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It acts as your personal shopping assistant, helping you get your money back on purchases when the price drops. It searches your inboxes for recent orders and tracks pricing changes. When it detects a price drop, it asks the retailers to refund you the difference.

Sign up for Paribus to see if it can save you money today!

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Related Post: Paribus Review

*Paribus compensates us when you sign up for Paribus using the links provided.

6. Wikibuy – Promo Codes For Amazon

Wikibuy is an internet browser extension that automatically applies promo codes to your online orders (such as at Amazon,, as well as 1,000+ other online retailers). It takes seconds to install, and from that point on, you save money without lifting a finger.

For example, when you’re checking out from Amazon, Wikibuy automatically tracks down a coupons to knock-down your price.

This browser extension saves you both time and money because Wikibuy does all of the bargain hunting for you. Add this money-saving gem to your arsenal to effortlessly keep more money in your pocket.

Grab Wikibuy here. Because why miss a free Amazon Promo-code when you don’t have to?

Also See:

7. Charlie – Let an AI Penguin Budget Your Money

You don’t want to live on the bare minimum. You want to live below your means. You know that if you can spend less than you earn, your money will grow. A budget is key to living below your means because it is a plan to spend less than you earn. The only problem is keeping a budget.

Here are your options:

  1. You can review your bank and credit card statements from the last three months to create spending categories. Then you will need to track your expenses to ensure you do not overspend.
  2. Or you can download the Charlie app, the money savvy penguin

Charlie is a personal finance accountability partner that helps you to become more conscious of your spending. Simply text Charlie, and he’ll begin tracking your finances for you. And he’s a free service.

The average Charlie user saves $80/week. With this penguin on your team, you’ll spend less in areas that don’t matter, leaving you with more money to budget more for the things that make you happy.

Text Charlie. Let him manage your budget so you can grow your savings (+$80/week on average!)

8. Beat Those Bank Fees with Cushion

Another overdraft fee? Just because you forgot to transfer money to your checking account. Overdraft fees are shady. Thankfully, the Cushion App can help.

Cushion negotiates refunds on bogus fees such as overdraft fees, fees related to credit card interest charges, ATM fees, wire transfer fees, late payment fees, and more. In other words, Cushion is a bank fee exterminator.

Cushion has refunded $2M+ back to its users (back to where that money belongs).

Cushion is free to download, and they’ll immediately start looking for bank fees that were not fair to you. If Cushion gets you a refund, you keep 75% of the savings.

Ready to save? Sign up for Cushion today and see how many fees you can get refunded.

Related Post: How to get Overdraft Fees waived

Bonus Tip: Are you washing your hands more than normal? If you want to save money STOP using paper towels to dry your hands.

Instead, switch to hand towels and dish towels! You’ll *easily* save money plus you’ll eliminate the risk of running back out to the store.

Save on Food

We all have to eat but it doesn’t need to cost a lot of money to eat well. You can eat well on less money with the help of a few quick tips and tricks. Here’s how to eat better than ever for a fraction of your current spending.

1. Plan Your Meals

Next to learning how to cook, meal planning is the best way to save money on food. Creating your own meal plan takes just a few minutes but can save you hundreds of dollars and lots of stress.

If you don’t have the time or inclination to create a meal plan from scratch every week, a service like $5 Meal Plan can be a life saver. For just $5 you get a monthly meal plan, including recipes and shopping lists. All recipes are tasty and cheap, costing less than $2 per serving.

budget meal plan

Ready to give $5 Meal Plan a try? Here’s a free 14-day trial to get you started.

2. Cook From Scratch

There is no way around it – cooking your own food will save you a lot over the long run. Learn how to cook and make your own meals. Most store bought foods are less healthy than what you can make at home and full or additives and sodium.

3. Shop with a list

An easy way to save money shopping is by making a list and sticking to it. Use your meal plan as a basis for what groceries you need to buy for the week. In addition, check your fridge and pantry to see if you’re out of any staples.

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Make your shopping list based on what you need and bring it with you when you go shopping. Only buy what’s on your list so you can get better at planning out your shopping trips.

4. Use Coupons

Coupons can get a bad reputation but they are a great way to save money and live on less. However, instead of clipping coupons for things you think you may need, flip the idea on its head.

Make a list of what you need to buy and search for coupons that match up. This way you’re not spending money just to save a dollar or two on items you may not need. Also, before making an online purchase, do a quick search for coupons.

5. Plan Meals Around Sales

Here’s another tip that will save you hundreds this year: plan your meals around what’s on sale at your local grocery store. Check out the store circulars regularly and use the loss leaders (items on the first page) as the basis for your weekly meal plan.

Grocery stores put the items with the biggest discounts on the front page of their weekly sales circular in the hope of drawing people into the store to spend on other items. Stock up when you find a good deal and use that as the basis for your meals.

6. Buy What’s In Season

An easy way to live well on less is by eating in season. Instead of buying strawberries in December, why not try oranges or mandarins? Fruits and vegetables that are in season taste better and cost less.

7. Eat Less Meat

Meat can eat up a big chunk of your grocery budget. While you don’t have to go vegetarian, eating less meat will save you a lot of money and introduce you to new recipes and flavors. Try going meatless one day a week or plan one meal a day without meat.

The easiest way to cut meat is by starting with breakfast. Instead of bacon and eggs, try having just eggs, fruit and toast. Other options include oatmeal, yogurt with fruit or even avocado toast.

Related Post: How to Save Money on Groceries (without coupons)

Spend Less On Energy and Utilities

Another area where you can easily save money and live on less is on your utilities. Below are a few tips to get you started.

1. Cut Your Cell Phone Bill with Mint Mobile

One of the easiest ways to cut your expenses is by switching to a prepaid cell phone provider. Mint Mobile costs a fraction of major cell phone providers and allows you to bring your own phone.

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Choose a plan based on your data usage and get 4G LTE data powered by T-Mobile’s network. Plans start at $25 per month for 3 GB of data and unlimited nationwide talk & text. Mint Mobile plans are based on a warehouse model – the more you buy, the more you save.

They offer a seven-day money back guarantee and an introductory plan of $15 for three months of 3 GB of data.

Ready to slash your cell phone bill? Sign up for Mint Mobile today.

2. Get Energy Efficient Appliances & Products

When it comes time to replace your appliances, do the research and find energy efficient options. Replacing your appliances over time can significantly cut your energy bill!

If you’re not planning on replacing your fridge anytime soon, you may consider getting some energy efficient (aka money-saving) Amazon products. Here’s a couple of our favorites:

  • Smart Plug– Automatically switches things off when not in use.
  • Energy Efficient LED Light Bulbs– Save money on your electric bill by simply changing out your light bulbs
  • Smart ThermostatHomeowners save up to 23% annually on heating and cooling costs by making this *effortless* change

3. Save on Electricity with Arcadia Power

Would you like to save on electricity and help the environment? Check out Arcadia Power. The company connects you to local community solar projects and purchases renewable energy certificates on your behalf.

Arcardia Power Saving Money and Saving Energy

They also follow the market closely and negotiate lower electricity rates so you can save on your utility bills. Signing up is easy to do so you can be on your way to saving money and the planet in no time.

Ready to give it a try? Sign up for Arcadia Power today.

4. Cancel Cable TV

Cable or satellite TV can add up more than $100 to your monthly utility bills. The good news is that there are many cheaper alternatives such as YouTube TV, Sling TV, Netflix and Hulu (plans start as low as $5.99/month) that can help you cut that expense and still watch your favorite shows.

5. Insulate your home

If your home is not insulated well, you’re money is literally flying out of your doors and windows. Make sure your all frames around doors and windows are well insulated and fill in any cracks in your home’s exterior.

6. Use Less Electricity (turn off lights, unplug)

A quick way to save money on electricity is by using less. Turn off the lights when you leave a room and unplug appliances you’re not using such as your toaster oven. They draw energy even when they’re not in use, costing you money.

Spend Less Than You Earn

If you’re looking for ways to spend less than you earn, you need to start with your paycheck. Lifestyle inflation will slowly eat away at your salary, making you feel you haven’t made financial progress even if you make a good salary.

1. Bank Your Raises

One of the easiest ways to spend less is to save your raises. Instead of adjusting your spending every time you get a bump in salary, use it to increase your savings. Set up a transfer to your savings account to match up with your paycheck or bump up your retirement contributions.

Over time, this can significantly increase your savings rate and you will barely notice the difference. The key is to whisk the money out of your account before you have a chance to spend it.

2. Stash Your Bonuses

Getting a bonus can make you feel flush with cash. More often than not, the money gets spent and you don’t even remember what you bought. Instead of spending all of your bonus, set aside 10 or 20 percent to spend as you want.

Use the rest of the money to fund important goals that align with your values. You can put the extra funds toward your retirement, in a vacation account if travel matters to you or toward a house or car down payment.

3. Save Your Refunds and Windfalls

Just like with a bonus, unexpected refunds or windfalls can feel like free money. It easy to blow through the cash and not know where the money went. Just like with a bonus, it’s important to put your money where your values lie.

Set aside some of the funds to use toward something fun. The rest should go into a savings account or use it to fund a bigger goal.

4. Set Up Automatic Withdrawals

If the money is in your checking account, it will get spent. The easiest way to save more money is to set up automatic withdrawals from your checking account to a savings account. Bonus points if the savings account is at a different bank.

Focus on spending only the money you have in your checking account. This will force you to get creative and prioritize your spending.

6. Try Using Cash

Studies show that charging your purchases on plastic causes you to spend more. That’s because you’re separated from the act of spending money until you see the charge on your statement.

Using cash can make you feel the pain of spending. The pain of handing over physical dollar bills can help you curb your spending.

7. Try Thrift Stores

Thrift stores are a great way to save money on anything from clothes to housewares and furniture. You can often find brand-new items with the tags still on for a fraction of the price of buying new.

Since most items in a thrift store come from donations, you never know what you will find. Before going online to buy something full price, check out the thrift stores in your area. You may be able to find the item you need or a comparable version for much less than retail.

Before heading out, check Craigslist and Facebook for yard sale listings in your area. There are also apps such as Yard Sale Treasure Map that help you find yard sales in your neighborhood and surrounding areas.

8. Check Out Yard sales

Another great place to buy stuff for cheap are yard and garage sales. Since people are looking to get rid of their stuff quickly, you can use this as an opportunity to get a better price. Yard sales are a great place to find children’s clothing and toys, bikes, housewares and much more.

9. Use a Cooling Off Period

Impulse purchases can cost you dearly over the long run. According to a survey by [source], people spend an average of $5,400 on impulse purchases every year. That’s a lot of money!

An easy way to stop shopping on impulse is to institute a waiting period before making a purchase over a certain amount. For example, waiting 72 hours before buying anything that costs more than $50.

This will help you overcome the excitement of buying something in the moment so you can consider the pros and cons of the purchase. More often than not, you’ll realise that you didn’t need it after all, saving you money.

10. Try a No-Spend Challenge

A no-spend challenge is a great way to kickstart your commitment to living on less. The way it works is that you commit to spending money only on the essentials for a dedicated period of time such as a month.

Doing a no-spend challenge can be difficult at first but as you get the hang of it, it gets easier. You may be surprised at how many times you pull out your wallet to make unnecessary purchases.

Use this as an opportunity to identify your spending problem areas and figure out lower cost alternatives or how to avoid the expense altogether.

11. Cut Back on Eating Out

Eating out can be a big drain on the budget, adding up to hundreds of dollars every month. While you don’t have to give up dining out completely, there are ways to do it smarter and still have fun.

Drinks can be very expensive when going out to eat. Instead of buying a drink, order water with your entree. Offer to split an entree with a friend or take half of it home to eat later as leftovers.

Focus your spending on opportunities to dining out with friends rather than on rushing through the drive through on the way home from work.

12. Six Hacks to Save Money Faster

Saving money is easy… once you know how to do it. If you’re living without the peace of mind of having lots of money in the bank…

… Then try our Free “Savings Account Accelerator” Workshop. It exercises 6 Money-Saving Hacks that not only teach you *how* to save money, but also how to save money faster than ever before. Don’t change your lifestyle to save money – use this free information to make saving money easy.

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Join our Free Workshop. Save Money (faster and with little effort) using these 6 Money-Saving Hacks

Spend Less on Entertainment

Having fun doesn’t have to cost a lot of money. There are ways to spend less and still have a good time. Here are several tips to get you started.

1. Invite Friends to Your Place

If your friends want to eat out or go for drinks regularly, the costs can add up quickly. Next time someone suggests going to eat, why don’t you invite them over to your place? You can host a potluck or go with a fun theme such as wine tasting and cheese.

Everyone can bring their favorite wine, cheese or snacks to share and you get to hang out for less.

2. Use the Library

The library can be a treasure trove for ways to save money on books, audiobooks, movies, and even your favorite TV show. Some libraries even offer free passes to local landmarks and museums. You can also find free classes on anything from pottery to genealogy.

3. Try Redbox

Redbox is a great way to watch recent movie releases for less than $2. They offer a good selection and there are usually several within a two-mile radius in most urban and suburban locations.

If you sign up for their email list, they often send discount codes that bring down the cost for a one-night movie rental to less than a $1. I’ve also had great success with just doing a quick Google search for coupons before renting a movie.

4. Watch What You Have

Many people forget that they have a big library of available movies at their disposal. Whether this is physical DVDs or Blu-ray discs or online movie purchases, just rewatching some of your favorites is a great way to get more out of your purchase.

5. Borrow from Friends and Family

Going off the previous tip, check out your family and friends’ movie libraries and ask them to borrow something you haven’t seen or would like to rewatch. This is a great way to expand your own library for free. Make sure to offer then some of your own movies or shows in exchange.

How Can I Live On Less Income?

The simple answer is by spending less than you earn. While this sounds easy in theory, it is difficult to do in practice. Emotions can get the best of you, causing you to spend money unnecessarily.

The best way to live on less income is to figure out your big why. When you align your spending with your values, spending less on everything else becomes easier. That’s because you’re putting your money toward the things that matter the most to you.

Figure out what you value the most such as family, friends, traveling, your health, and so on. These are your priorities and where you should spend your money. This can mean splurging for airline tickets to visit your family in a different state or spending more for organic food.

The key is to spend money on what matters to you and cut expenses in other areas. We all have access to a limited amount of money. Living on less income requires focusing most your spending on ways that align with your values.

The Bottom Line on Living with Less Money

Living on less money doesn’t have to mean depriving yourself. Being frugal allows you to align your spending with your values and put your money toward what matters most to you. Use the money you save to fund big goals such as a major purchase or an emergency fund.

Spending less gives you options and can provide you with a cushion if you experience a loss of income. You will sleep better at night knowing you have extra breathing room in your budget and a savings in the bank.

Alright, those are the easiest ways to spend less money (without feeling like it.

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